June 21, 2016 Petra finds another massive diamond at its Cullinan mine The 121.26-carat white rock is a Type II diamond "of exceptional colour and clarity," according to Petra.
June 20, 2016 Bristow fundraising bike ride for Africa’s poor passes $2.4 million mark Randgold Resources chief executive Mark Bristow’s fundraising motorbike safari from the east to west across mid-Africa has so far raised more than $2 million, with a little under half way…
June 20, 2016 Kinross Gold suspends work at Tasiast mine in Mauritania, shares dive Decision follows the West African country order to expatriates whose work permits were invalid to stop working.
June 17, 2016 Nevsun shares tank after Reservoir accepts takeover Vancouver-based Nevsun sweetened the deal for Reservoir shareholders with a $75 million cash payment just before the vote.
June 15, 2016 China’s exhausting its gold reserves at 5 times the global rate New report shows China extracted nearly one fifth of its gold reserves last year – the global gold production to reserve ratio is only 3.8%.
June 15, 2016 Global upstream investment slashed by US$1 trillion since the oil price drop Wood Mackenzie expects to see further cuts throughout the year and investment levels continue to shrink as more projects are dropped and companies struggle to breakeven.
June 14, 2016 President Ali Bongo inaugurates the Moanda School of Mining and Metallurgy (E3M) This Institute will help boost the performance of the Moanda Metallurgical Complex
June 14, 2016 World’s largest diamond found in 100 years could fetch over $70M The three-billion-year-old diamond the size of a tennis ball was found by Canada's Lucara Diamond last year.
June 14, 2016 Egypt ancient gold mines offer clues on country’s untapped vast mineral deposits The country is said to be sitting on mineral deposits worth hundreds of billions of dollars which, once developed, could surpass oil as its main source of income.
June 13, 2016 Kinross Tasiast strike ends – no production hit No impact on output guidance or expansion plans at West African mine as Toronto-based miner gears up for record annual production in 2016.
How investors buy gold and what fuels the market Large buyers and institutional investors usually buy gold from big banks. January 12, 2026 | 10:41 am